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Akian Foundation is a private corporation based in VALENCIA, CA. The foundation received its IRS ruling in 2009. The principal officer is % Lena K Akian. It holds total assets of $2.9M. Annual income is reported at $4.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Akian Foundation has made 17 grants totaling $1.1M, with a median grant of $25K. Annual giving has grown from $364K in 2022 to $697K in 2023. Individual grants have ranged from $500 to $480K, with an average award of $62K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in California, New York, Florida, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Akian Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CA, NY, FL.
Akian Foundation has distributed a total of $1.1M across 17 grants. The median grant size is $25K, with an average of $62K. Individual grants have ranged from $500 to $480K.
Akian Foundation typically selects its grantees rather than accepting unsolicited proposals.
Akian Foundation is headquartered in VALENCIA, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Zaven P Akian | DIRECTOR | $0 | $0 | $0 |
| Haig P Akian | PRESIDENT | $0 | $0 | $0 |
| Lena G Akian | CFO & VICE PRESIDENT | $0 | $0 | $0 |
| Lori J Stephan | SECRETARY | $0 | $0 | $0 |
Total Giving
$729K
Total Assets
$2.9M
Fair Market Value
$3.1M
Net Worth
$2.9M
Grants Paid
$697K
Contributions
$90K
Net Investment Income
$138K
Distribution Amount
$164K
Total Grants
17
Total Giving
$1.1M
Average Grant
$62K
Median Grant
$25K
Unique Recipients
15
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| AncaGENERAL FUND | Glendale, CA | $25K | 2022 |
| American University Of ArmeniaGENERAL FUND | Oakland, CA | $480K | 2023 |
| Western Diocese Armenian ChurchGENERAL FUND | Burbank, CA | $110K | 2023 |
| Armenian General Benevolent UnionGENERAL FUND | New York, NY | $54K | 2023 |
| Orran Benevolent NgoGENERAL FUND | Los Angeles, CA | $25K |
| 2023 |
| Friends Of FastGENERAL FUND | Glendale, CA | $25K | 2023 |
| Armenian Missionary AssociationGENERAL FUND | Paramus, NJ | $3K | 2023 |
| Western Diocese Of The Armenian ChurchGENERAL FUND | Burbank, CA | $150K | 2022 |
| Aldelphi UniversityGENERAL FUND | Garden City, NY | $30K | 2022 |
| One ArmeniaGENERAL FUND | Miami Beach, FL | $25K | 2022 |
| Vem UsaGENERAL FUND | Glendale, CA | $25K | 2022 |
| St James Armenian ChurchGENERAL FUND | Los Angeles, CA | $21K | 2022 |
| OrranGENERAL FUND | Los Angeles, CA | $20K | 2022 |
| Armenia FundGENERAL FUND | Glendale, CA | $10K | 2022 |
| Friends Of The Armenian SoldierGENERAL FUND | Los Altos, CA | $3K | 2022 |
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